Major banks are increasingly exploring stablecoins, the cryptocurrency tokens pegged to traditional currencies, as they seek to leverage blockchain technology for faster payments and improved financial services. This shift reflects growing institutional interest in digital assets despite ongoing regulatory challenges. Major U.S. banks including JPMorgan Chase, Bank of America, Citigroup, ...
Stablecoins are quickly moving from pilot projects to a core part of global payment systems, according to Fireblocks’ newly released “State of Stablecoins 2025” report. The digital asset platform revealed that stablecoin transactions on its network now reach $40 billion per quarter, reflecting surging institutional use and a clear shift ...
Visa has made a strategic investment in BVNK, a global payments infrastructure provider specialising in stablecoin technology, marking a significant step in the evolution of digital payments. The investment, made through Visa Ventures, signals strong confidence in BVNK’s vision to transform how money moves across borders using blockchain-based stablecoins. Stablecoins—digital ...
Visa has announced a major step forward in digital payments by integrating stablecoins into its network of 150 million merchants worldwide. This move enables customers to use popular stablecoins such as USDC and USDT for everyday purchases, bridging the gap between traditional finance and the fast-growing world of digital assets. ...
The Bank of Italy has raised fresh concerns over the growing influence of Bitcoin and other digital assets on the financial system, warning that their rising integration with the broader economy poses new risks for investors and systemic stability. In its April 2025 Financial Stability Report, the central bank underscored ...
Italy’s Minister of Economy and Finance, Giancarlo Giorgetti, has warned that US dollar-backed stablecoins pose a significant threat to the euro’s role in international payments. Speaking at an event in Milan, Giorgetti argued that US stablecoin policies are more dangerous for Europe than trade tariffs, as these digital assets could ...
Brazil’s Central Bank (BCB) has introduced a proposal that could dramatically alter how stablecoins are used in the country’s thriving crypto market. Announced on November 29, the draft regulation aims to ban the transfer of foreign-backed stablecoins, like USD-pegged tokens, from crypto exchanges to self-custody wallets. This move is part ...
The British government is reportedly planning to introduce new crypto regulations by December 2024 to retain crypto companies drawn to the pro-crypto policies emerging in the U.S. under President-elect Donald Trump. According to Bloomberg, the U.K. Treasury is preparing two key legislative measures aimed at crypto assets. One will focus ...
Abu Dhabi's financial regulator has opened a public consultation on a proposed regulatory framework to guide the supervision of fiat-referenced tokens (FRTs), a category of stablecoins. The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) announced the new framework in response to stakeholder requests. It noted ...
The Uniswap Foundation, the non-profit responsible for managing Uniswap DEX, has released its financial report for Q2 2024. As of August 7, the Foundation reported that it has $36.81 million in cash and stablecoins in its reserves, with an additional $680,000 in UNI tokens. According to the report, these cash ...
